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with that fake tweet from the associated press. the dow up 151. stand by for much more of the earnings from apple among others on the second hour of the "closing bell" with maria bartiromo. i'll see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. stocks in rally mode once again. investors getting set for big earnings news after the close tonight from apple. take a look at how we're settling out on the street today, and by the way, it was quite an exciting day today for the market. the dow up 150 points, finishing at the high of the afternoon, finishing at 14,718 on the industrial average. the s&p 500, also picking up 16 points on the session. better than 1% to 1,578. the nasdaq composite, up 16 points. but all was not well throughout the day. it was a fake tweet that shook the market before the close today. but rnearnings from apple are setting up to be a big story after the close as the earnings story continues. david tolisantoli, and our very own
at yum! brands, they are reporting but the big news is on apple. as soon as they report we'll get it to you right away as the bells are ringing. look at this day, wow! all indexes are up more than 1%. the dow is the laggard when you look at all others. biggest gainer, small and mid-size, sos in russell 2000. that is up over 1 1/2%. let's start with the dow up over 150 points. looks like it is closing a little bit higher as we settle here. s&p is up over 16. nasdaq is up over 35. again the big gainer was the russell 2000. small and big sized caps did very well, thank you. liz: let's press the rewind button this morning when earnings news came out and propelled the markets higher. dupont profit was more than doubled. it was helped by a dry spell in the midwest which led farmers to buy the drought-ready products that dupont makes. the company says its bookings were higher for may, also for the summer coming up but did warn that business demand has been pressured since the sequestration cuts began, mark faber, hasn't forgotten about gold. gold falling for the first time in four sessio
setting the applecart. apple earnings better than expected, for the most part and the market responds after hours. >> and midwest flooding, rain and snow soaked the country's midsection and the worst may be yet to come for businesses and farmers. >> and hollywood's new courtship. why the movie industry is seducing aging baby boomers. all of that and more on "nightly business report" for tuesday april 23rd. good evening, everyone. tyler, what a day. a lot of drama, a lot of suspensisu spen suspense. there was that surprising sell-off on wall street and the apple earnings after the market closed and. >> and yet when all was said and done the markets gaining for the third straight day, despite a mid-session sell-off on a fake tweet that spooked already jittery traders, but the big story right now is apple's second-quarter earnings and the news was mostly good. apple beat on the top and bottom lines on strong sales of the iphone and the ipad tablet. it's increasing a stock buyback program by a staggering $50 billion, spending some of its sh hrd and it's beg. >>ing up its dividend 15%, but
they say it's not it is always about money. melissa: our top story tonight, apple earnings are out. their conference call is getting underway. let's go to adam shapiro on the breaking news desk. what are you hearing? >> real quick, apple after-hours is trading up almost 4%. something investors liked on this earnings report. they beat the street came in $10.09. street was expecting $10. revenue was a big beat. it was 46 billion. the street was expecting 42.31 billion. here is the big thing. they have $145 billion cash on hand. they will return some of that money to their shareholders. they're hiking the dividend, melissa from $2.65 a quarter up to $3.5. announced a continuation of the multishare buyback program -- $305. that will raise the stack in after-hours. get down to numbers that you can relate to. do you have an iphone? someone does because they sold 37.4 million iphones in the quarter compared to 35.1 million in the year ago quarter. to put it in perspective in the christmas quarter a year ago, when everyone is buying holiday gifts, this he sold 37 million iphones. this quar
the show is that one, apple. the tech giant expected to post earnings of $10.01 per share. folks, that would be a 19% drop year over year, the first expected drop in more than a decade. now, revenue is seen rising 8% to 42.3 billion. he here as always is going to be iphone sales. the main driver of apple revenue, we're going to speak with analysts all morning to get their perspective on the name. but what is your take, america? log in to facebook and vote in our arm chair analyst poll. will apple tonight meet, beat or miss estimates? as for the economy, here is today's calendar. >> how is the crowd sourcing experiment gone so far? i haven't looked at the results. >> the results for coming. >>? >> i can't even log in to the borrowing page. >> they've gotten some decent numbers that have come this. i think there are 1500 or 1700 -- >> but are they better -- >> they're good at it, but i think we have made the mistake of picking from predictable companies. that's why we started picking some trickier companies like apple. that's the one that's up in the air. nobody knows exactly what'
for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the first time since september 2011. the video streaming service posted quarterly earnings of 31 cents and well above estimates and said it added 2 million streaming subscribers in the u.s. helped by "house of cards." people, jim, this morning are saying netflix became hbo faster than hbo could become netflix. >> 30 million. internationally you got more than 30 million. i don't think people realize how non-promotional will this conference call was. it really was. they said, listen, the reason why we did well is -- no, it's a combination of things. we didn't lose people after we made the change. people do like "
>> apple, the tech giant everyone loves to bite, squeeze, and chew on, is announcing earnings. the stock hammered in recent week z as everyone tries to time it. it's now the right time to buy finally. dr. doom and gloom himself calls for a market crash, a correction for ages as he's called out by the blogs as missing the target. he now makes a new bold prediction. what is it, and is he finally right? we got tough questions for mark bobber. and social security -- it's playoff time. emotionally charged celtics team returns tonight down one game, a fox business exclusive with the celtics ceo and co-owner on the booming business of basketball, and how boston's team and city are doing. "countdown to the closing bell" starts right now. ♪ good afternoon, everybody, i'm liz claman, breaking news. the gains in the markets you see below us on the screen belie what happened just after 1 p.m. eastern time. that's when the associated press' twitter account, close to 2 million followers, was hacked and an erroneous tweet sent out, bogus, claiming there was two explosions at the white hous
stock can rally. even slightly or convincingly. which is what happened with apple tonight. and what's been happening with this market for most of 2013. with today being still one more day that the market put on a terrific better than expected show, the dow rallying 152 points, s&p rose 0.14%, nasdaq gaining 11%. >> tuesday is up day around here, 15. straight. i can give you the basics on this apple. apple earned $10.09 versus the $10 people expected. the dividend has been boosted nicely, 15% or that the company boosted the buyback from $10 billion to $60 billion and expect the buyback to be complete by next year. apple tends to use its balance sheet to borrow, help by the stock. it seems silly with $144 billion in cash but remember, a lot of it is overseas, so frankly, as far as i'm concerned, it's good. but here's what really matters. just as apple was totally loved at the top, it was scored at the bottom. and that's pretty much a microcosm of so many other stocks, whether it be yum, k can fc, which respected reported a good number tonight after merrill lynch cut the stock to a sel
reaction and also talk about apple which releases its earnings tomorrow. that is the other enormous tech and earnings story, so we want to put them together. let's bring in jonathan hoenig, portfolio manager, fox news contributor and our very own charles payne. charles, let me start with you. i mean, these guys are traditional sandbaggers. they love to come in and sort of blow away earnings. >> yeah. melissa: they did that, although on revenue they just met which says a lot about the ason. >> i know. but this is absolutely remarkable. melissa: you're dazzled. >> i'm dazzled by the reaction. it's absolutely phenomenal. and, i mean, it's up, what, 30% now i think in the of after market? melissa: yeah. no, it's azy. trading at 216, it had closed at 174, so exploding. >> it really is. melissa: we're talking about netflix. >> oh, okay. [laughter] the point is it's one of these names where, you know, there's a 4% short position, so the audience should know that. people bet against it, so a pretty large bet that they weren't going to make it. stock's already made a big move from lows earlier, a
. melissa: nicole, thanks. lori: bmo cap ha capital lowered its 2013 price target for apple twice in the last week. let chess check in with a senior research analyst at abm markets. to keep an eye what iphones consumers are buying. keith, welcome to you. the crux of your latest forecast, your latest price target downgrade if you will is really based on verizon earnings which showed weaker than expected only 50%. the iphone sales were of the iphone 5, high-end, best margins, if you will, very attractive margins so you say expect disappointment today? >> we think so. we have as you mentioned two cuts. the first, actually had a chance to go out and visit with a number of carriers around the world, both face-to-face and over the phone and that led me to the conclusion that apple was candidly losing share and we think losing share to samsung and no longer the top-notch phone out in the market. we think effectively competing with samsung. we think the market is moving away from apple. they're losing some share in the high end. in addition, we think there's a number of chinese phones or
for reaction at how the markets were able to bounce back. >> apple beat estimates today with sales of iphone and ipad leading the way. >> wall street then reacted favorably. apple stock back over $400 a share. abc 7 news david louie outside headquarters. >> apple stock fell 18% as it saw growth. however smrks people saying apple is facing a growing image problem. >> the ipad continues to be the product keeping apple going. ceo tim cook told reporters he's very frustrated by the decline in his stock price. the secrecy could be one liability. speculation is rampant about what it's going to create next, an update or a game change nug product. because they don't want to buy something soon to be upgraded. it could create negative speculation. >> there is a lot of speculation about have they lost their edge? not able to bring new products to market anymore? >> consumers able to name other companies as innovateors. >> samsung right now, or google. >> google made a splash with its experimental glasses. and with self driving car. >> apple hardware is amazing but have you seen the google tab blet
, apple earnings out today. why traders and investors are bracing for the worst. plus, why facebook could soon forever change the lives of people living in a town in iowa. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, april 23rd. i'm angela miles. in today's first look: the apple of the market's eye: the tech giant reports earnings after the close. the stock rallied monday along with the broader market. gold cruised $30 higher in the session, while oil had a smooth ride up 80 cents. netflix reels in viewers & investors: the online film company posted better-than- expected earnings, added more than 2 million subscribers, and shares traded up to $207 following the news after the close. netflix stock is up 88% since january 1st. and more information is likely to emerge today after canadian police say they arrested two men monday for allegedly attempting to derail a passenger train traveling between new york and canada. tony harris of performance trust investment advisors joins us now with a look
are more common and deadly than people think. also, it's the big report we've all been waiting for, apple. >> this will be an upcycle for awhile. >> what's next for the giant, and will investors buy it? recent tragedies have brought out the scam artists. how these people are stealing money from generous americanss. we're on the case tonight on the willis report. ♪ we begin tonight with a growing threat inside our nation's doctor's offices and hospitals. costly mistakes on the rise resulting in serious and even deadly consequences for patients. joining me now, dr. david, associate professor of neurology and lead author of a new study from johns hopkins university, and dr. steve riceman, director of the new york cardiac diagnostic centers. welcome, doctors, i'll call you by the first names because it's easier, i think. david, you, let me tell you, a shocking study, 160,000 people sustain injuries or deaths every year because nay are misdiagnosed. how is this happening? >> well, diagnosis is difficult, so it's not all that surprising that we make diagnostic errors. we talk about a situatio
. >>> earnings come in pretty mixed. michelin and kpm disappointing. and a bruised apple gets set to report much anticipated second quarter results later today. analysts are expecting profits to shrink for the first time in a decade. >>> plus, more details emerging about the suspect in the boston bombing as the u.s. charges him with federal crimes that could carry the death penalty. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to "worldwide exchange." ross westgate will rejoin us in a couple of days' time. in the meantime, plenty to get through on the program today starting off with the flash pmi data for the eurozone. both the manufacturing and service sectors being closely watched for just how much momentum if any was carrying into the second quarter. you can see the euro/dollar down 0.6%. let's get more from chris williamson. chris, welcome. it looks as though the tone generally speaking here for april across manufacturing and services is pretty weak. >> yes. and one of the big worries is that germany has been back into contr
in washington. >> home sales slipping, and if he does not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. you hurt my feelings, todd. i did? when visa signature asked everybody what upgraded expeences really mattered... you suggested luxury car service instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signure. your idea of what a card should be. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there i
not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply suting history... we're making it. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of tha
. the other big story, of course, behind this rally in stocks, is apple's earnings. we are awaiting its on deck, after the close tonight. could the numbers be the catalyst for returning things around for this beaten down stock, from coming down from below 700 to below 400. full team coverage on the apple results. >> one stock making a comeback today, following better than expected earnings, coach. chairman and ceo lew frankfort will be here to talk about that coming up in a few minutes. >> and a nice recovery today, but this stock is really coming from a huge sell-off. take a look at this chart here. and that really explains what went on very clearly, just at about 1:00 p.m., 1:15 eastern time or so, the market plummets on that erroneous report when the ap twitter account was hacked and bounces and comes all the way back when it becomes clear that it was, in fact, erroneous and the account was hacked. take a look at the dow, now up 1245 points. what's behind this rally? bob pisani in the middle of the action. there's the nasdaq up 30 points with technology seeing the same chart pattern
at this point in time. back to you. dagen: thank you. connell: apple driven by profits of the iphone. they are said to report tonight after the bell. dagen: down 40% last fall. dagen: the president budget. take a look at how world currencies are doing against the greenback today. ♪ ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. [ male announcer ] a car that can actually see like a human, using stereoscopic cameras. ♪ and even stoitself if it h to. ♪ the technology may be hard to imagine. but why you would want it... is not. the 2014 e-class. it doesn't just see the future. it is the future. ♪ >> it is 23 minutes past the hour. israel is joining written and france and accusing syrian resident of using chemical weapons last month. based on visual evidence, he believes the legal nerve agent was probably used. rebels. a car bomb exploded outside the french embassy in tripoli this morning. two french guards were injured i
will want to see how tarnished is apple's shine releasing the latest quarterly earnings and most expect disappointing results. apple's high flying stock has plunged from over $700 to $390. apple has not released any new products and sales are mediocre. the good news is that expectations are so low that apple could start to surprise wall street and begin the turn around. apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could o
if you downtown load music from the store so what is in store for apple? could have a lot more to say about what is in store for us. it doesn't matter where a good idea comes from, it only matters that it shows up and makes things better. in that spirit, verizon is proud to announce the powerful answers award. 10 million dollars in prizes for the best ideas. ideas so big, they have the power to change everything. whether it's our inspiration, or yours, the world's biggest challenges deserve even bigger solutions. the powerful answers award from verizon. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. anbe a name and not a number?tor scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade l
. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim cook. he gets 4 million. apple stock has gone from 705 to 390 in seven months. huh. next, looks like the internet sales tax will breeze through the senate. we have one senator who is opposed to it. he's a democrat. plus, a business owner who makes a lot of money on-line and he says this tax is going to hurt him and his business. but you are going to like the markets when it opens up, a gain of maybe 90 points. that's next. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity inves
through san francisco shows construction out here with more details in a little bit. >> apple may no longer be number one in the eyes of investors. what they will look if when they release a key report today. >> concert goers get more than they bargain god and what caused a best light show ever for a music festival. first, here is the tech bytes. >> facebook is off to a slow start the first week the droid app was down loaded 500,000 times compared to droid app download add million times in just 24 hours. 3-d is coming to google earth when you can navigate the globe using hand gestures and a motion controller that goes on sallie mae -- on sallie mae 13. and xbox is teaming up with pizza up to allow you to pick topping and hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. i...i mean, you.
a share record territory for netflix. apple reports its earnings after the closing bell today. it's expected to show weakening from a year ago. poor iphone sales compared to ar earlier leading to what's expected to be about a 14% drop in profits. a lot of analysts ha downgraded the stock. it's rallied over the past couple of days just peeking back above $400. >>> google executive chairman eric schmidt told bbc radio this morning that google glasses will be out a year from now and admits in a it's going to require some new social he had get because there's technology in google glass that allows people to take pictures by winking and doing other things like that. he says obviously, there are situations where it won't be appropriate to record with google glass. a lot of privacy concerns with that. stocks off to a good start because of corporate earnings. dow up by 108. nasdaq up 25. s&p up 11. google shares up just slightly. frank and michelle, back to you. >> looking good. thank you, kcbs radio's financial reporter jason brooks. >>> a woman goa se when she tobacco a bathroom break a
19 points. and the s&p 500 was up seven. >>> apple returned millions of botched iphones to the manufacturer that built them. those returned phones are going to cost fox con. this isn't the first time apple has been unhappy with their work. >>> salt lake city, utah, is becoming a new hot spot for business. two major banks, san francisco- based wells fargo and new york- based goldman sachs will be holding their shareholders meeting in san francisco this week -- in salt lake city this week. they will all have shareholder meetings in salt lake. many have done so within the past two years. >>> animal control workers are warning residents in the lake tahoe area are warning visits about recent mountain lion sightings. last tuesday, a person saw a cat walking across the meadow and last thursday, a person walking his dog saw the mountain lion lying down in that same meadow. fortunately, the mountain lion did not approach either of those people. >>> at the beginning of this newscast, we talked with our chief meteorologist about temperatures hitting 90 degrees. bill, a lot of us ar
of the super bowl of quarterly reports. apple releasing numbers after the bell today, the stock, which has taken a beating recently now traiting above $400. not by much, but they'll take it. investors may be coming back, but what do consumers this i? that story next when pow per continues. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ >>> all right. the market's kind of fallen apart. it's whipsawed all the way back up. so take a look at the right-hand side. we saw the dow jones industrial average go from a garch of 135 points to negative 12 in under a minute and a half. this is all sorts of rumors, and we'll follow those up. the market has bounced way back up again, but the volume tim in this market just in the last five minutes was unbelievable. they were running around down here, tryi
with me. >>> other big story now is stronger than expected corporate earnings. good story. and apple beat, strong profit in big industrial companies. gave us a big rally today. remember, please, profits are the mother's milk of stocks. all that's up next. and please don't forget my other dictum. free market capitalism is the best path to prosperity. we'll be right back after this. >>> it's hard to hit home runs all of the time. is that part apple's problem? >> i don't know if it's a problem, larry. tim cook did say we've got some cool new stuff coming in the fall and in 2014. that might have been what triggered an after hours selloff. some people interpreted that to mean we don't have new stuff coming in the summer. but will he he also talked about new product categories the team is working on. yes, apple has been coming out with a lot of new stuff over the past couple years, but historically, they have taken longer between some major launches. between the ipod and the iphone, there was about six years where apple was mostly doing software iterations. >> john fort, thank you very much, we
the last two trading days. only to rally late in the trading session close on the positive. apple will be releasing their quarterly earnings after the closing bell. >> netflix's decision to feature original programmingon o service appears to be pulling in more customers. they added 2 million users who subscribe to the video sharing service during the first three months of the year. the. was the highlighted by the early february debut of " house of cards, " a critically acclaimed series made exclusively for a netflix. the subscriber growth help them bonds back from a loss at the same time last year and generate revenue slightly above the projections. >> the nation's biggest banks are rolling out the next generation of atms. the latest models including features like video chatting and a live teller. bake of america's new teller assist machines, for example, allowed a customer to swiped a debit or credit card, driver's license or photo id for authentication. then a live teller, physically based in delaware or florida pops up on the screen to assist the user. the bank says the machine
. >> hi, richard. apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of risk that banks are taking. >>> well, now you never have to get off the couch. pizza hut and microsoft are launching a new app that lets people order food via xbox live. richard, back to you. >> now i'm kind of hungry. thanks, courtney. >>> other action on the street. netflix shares skyrocketing 24% in after-hours trading. and that's thanks in part to new streaming original content. the company announced a new family plan as well to let four users stream at once for just $11.99 a month. senators voted overwhelmingly in favor of debating legislation to help states force online retailers to co
like the coolest day for the upcoming weekend. >>> i am looking at the very latest reading for apple and right now they are up about a dollar or almost $2 per share. analysts are expected to hear quarterly margins and they say lower margins are on the iphone 5, apple has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while they decide to sell the building. >>> traffic looks good heading off to the high-rise and we will tell you more about the morning commute. is it wrong to buy an entire outfit to match your mani-pedi? shop like a fashionista. not if you find something amazing for less than the price of it. save like a maxxinista. designer brands at t.j. prices
. >>> the big business story this afternoon is going to be apple, thatompany reports profits. investors are in a bad mood. no matter what the quarterly numbers are, do watch for apple to be pessimistic about business going forward. that would be a strategic move by apple to push expectations downward. netflix the other talker, that stock up better than 20% after turning in a much better than expected number and faster subscriber growth. in fact, netflix now has more subscribers than hbo. back to you. >> thanks, scott. >> i know you're always hungry like i am. this sounds real good right now. a new treat at carlos, jr., blending pop-tarts and ice cream. >> sounds like heaven. hand scooped pop-tart ice cream sandwich. >> what i'm talking about. >> tested at a few carl's j restaurant. that's a big drive. they did provide this picture of the new treat but hasn't said much else about it. it is what it is. >> i like that. it is what it is. i can skip the drive, go to a grocery store, a couple of pop-tarts, some ice cream and boom. >> when we were little, we did the waffles with the ice cream.
$200 a share. it will be a good tuesday morning if you own netflix stock. >>> apple reporting its results tomorrow afternoon. today apple won a court decision ruling that apple did not violate a patent owned by rival google when it made the iphone. a big deal for twitter today about big money. the san francisco company signing a multi year deal said to be worth hundreds of millions of dollars. today the senate voting to move a bill forward that if passed would require sales tax to be collected on certain internet purchases. >>> the first look at google glass. it's the latest way of taking internet with you. we will show you what it can do tonight at 6:45. it is in the hands and over the eyes of a few people in the bay area and it is already getting a lot of attention. >> looking forward to seeing that story. >>> in the south bay a scare for a lot of shoppers. there were voluntary evacuations at valley fair mall this morning after a construction crew hit a gas line. a contractor hit the service line around 8:00 this morning. the line was properly marked. the leak was stopped by abo
your money today, courtney reagan joins us. good morning. >> good morning, apple reports today, with the stock in freefall dropping below 400 after peaking above 700 in september, you know it's the talk of wall street. apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of pizza orders are made online. >> that sounds like a match made in hemp. thanks so much, courtney. >>> in other action on the street, netflix shares rose in trading thanks in part to original streaming content. they plan four families stream at once for $11.99 a month. >>> senators voted overwhelmingly in favor to help force online retailers to collect tens of billions of dollars in sales tax
. >> this apple software can pick out specific people and large crowds. by detecting knows shapen the space between eyes. as of a person looking at all the videos, the technology could go through years of video in a matter of minutes. >> crime analyst our point to the pivotal role surveillance cameras play that identified the suspect in boston. and now, some san francisco is something about increasing the city's network of cameras. police chief greg suhr is one of them. he says it would help them better monitor events like the bay to breakers race. >> i would have to get someone a lot smarter than me an engineer if you will to look at what would be possible for us to a port everything into one location. and to be able to monitor major event. >> we live in the post see as i, mci has the television jurors want to see video and the dna. we do everything we do to get it for them. i do not think there is a person in this country did not watch the events of last week on fold and watch it on video. >> however, the aclu is word about how police might use the cameras and how long the department will
you share with siri can be stored on apple servers for up to two years. not a problem if you just want to know where the nearest pharmacy is. but what if you want to know where the nearest bar is? or sex club? or you ask it jokingly or in earnest how to cheat on your taxes or your wife? apple insists it can't share that information with anyone, but that hasn't stopped the aclu from expressing serious concerns over its privacy practices. but besides the obvious and now all too familiar caveat that nothing is truly private anymore, there's a reason for skepticism about apple's insistence they'll guard your secret conversations with siri. last week the house passed a vote by a 288-127 vote. it's packaged as a national security bill that allows private companies like google and facebook, to share electronic information like your e-mails and chats, with the government. it has also earned the ire of the aclu. it enjoys bipartisan support and this appoi disappointingly the backing of a surprising number of republicans, one of whom, mike rogers, sponsored the bill and insisted it's not a surve
, a.k.a., copulation, fornication, doing it, mary jane, angel dust. the big apple. which is why everyone's always on the lookout for the latest sex enhancer aphrodisiac or ukrainian email promising to make lady say sex boom big big big big. well, the canadians, our neighbors who are always on top, have a new product to enhance intercourse. jim? >> sexcereal. that is it's name. it's being billed as the world's most passional cereal. it features special natural blends for both men and women. the promos are playful showing a couple at first bored in bed. then throw in some sex cereal and, of course, some sex, which we don't see. and the mood picks up. >> colbert: yes, the mood picks up when you throw in some sexcereal and some sex. its manufacturer claims it's part of a balanced breakfast. you'll need that balance when you're doing it in the brek fooft nook. that's why i'm giving a tip of the hat to sex-cereal for making sure we'll never skip breakfast ( cheers and applause ) by which again i mean sex. the old 23 skidoo. because at 6:30 a.m. with bleary eyes and breath like a landf
right, let's say apple's report is better than the posted numbers on a lot of websites but also beats what is the high man, some call at this time whisper, the high man, the analyst with the high estimates on the street. that, people, will always cause a raising of numbers for the rest of the year by everyone, or if it is the end of the year for the numbers in the year after it. i use that increase in earnings per share, the ones that they bump it, okay, to figure out several things. first, i try to figure out the increases from real business, actual sales, do they do better? not just accounting changes and share count changes. the latter fools a lot of people. to do what i like to do, i look at the revenue shares. why is that important? because they can produce more, gain more customers either at the expense of others, execution, they're making a better job. they're doing a better company. they're working harder. they're working it better. but a company can easily change the earnings by buying back a ton of stock, not the sales line, but the earnings, simply changes the denominator,
extremism is not apples to apples. it is preparing hurricane katrina to extremism. it is a detached response to evil. let's focus on the turmoil of the bombers and not the real turmoil they caused. this head shrinking only benefits the killer while while helping the craving for copycats and draws outcome passion for victims. we spend less time trying to stop evil and more time trying to understand it. we become the clarissa to their hannible. our obsession with their death makes them more appealing. a lot of people don't fit in and still don't blow people up. we don't wage jay hoed when we are sad -- jihad when we are sad. a chump placed a bomb near a child. why will not change that fact. so what if we made a pact not to discuss these idiots or show their stupid faces. enough egging on these creeps they try to inform us, but they are diluting our condemnation of horror. amanda palmer wrote a love poem to the terrorists in assisted of the victims. what a hopeless loser. maybe she will marry the guy. what they are suggesting is far worse that a life of obscurity is inferior to a life of infamy
futures improving. the nasdaq is mossive territory. more corporate earnings on tap today including apple. apple is -- we're going to be watching for how many iphones and ipads it sold during the quarter. big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an
congress does something about it, unlikely they will given the mood up there right now. >>> apple by the way, is reporting its quarterly earning with very low expectations. dan is joining us now. what exactly is there problem? >> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and reco
, the undocumented worker gets another bite at the apple 378 going my first question, this is a way i read the bill. i want do you pell me whether or not i'm right or wrotening. it provides legal stay stay us ag work the secretary only has to submit a plan not implement it. the border doesn't have to be secured before millions get citizenship pop . would that been an accurate interpretation of the legislation before us? >> i would just say, senator grassley, that my understanding of the legislation is that the agricultural workers will be given opportunity to get legal status in this country immediately; however, at the end of five years if they meet the requirement and working in the agricultural industry they'll be able to gain permanent resident sei not citizenship. >> okay. >> and the reason behind that. the thinking tbhiend the discussions that . >> you don't have to justify that. >> okay. it was in roip to whether or not the sphtsship for this group of people could be possible without the border being secured. because of the time period. >> senator grassley, if i can supplement that quickly.
. the bill has the backing of mayor michael bloomberg would make the big apple the first big city to set the new age limit. right now you have to be 18 to buy a pack of cigarettes. >> the dutch have an out of this world offer they will fly you to mars for free. there's a catch. there's a one-way ticket. 10,000 people have applied for the 2022 michigan. mars 1 wants to establish a permanent human colony on the red planet. what do you think? >> i will wait for the next one. you? >> with a return flight, i will wait. >> all right. the president promised only high income earners would see their taxes go up. in a new report says every income level would pay more. diane macedo has the number for us. >> while the president's budget would mainly raise taxes on those earning 200,000 dollars or more a year a study finds that in 2015 under his budget nearly all taxpayers would be paying more taxes. according to that study 86 percent of the increases would come from people earning 200,000 a year due largely to scaling back tax breaks and disproportionate tax breaks and minimum level of taxation for
from apple, governmental relations. i saw that the district attorney said they didn't get satisfactory answers from that individual and there was a lot of hype publicity but no direct responses to the questions. so, if we can invite that person here to our meeting that evening. commissioners, anything you'd like to add? >> what evening is that meeting? do you recall? >> may 1st. >> that's it. thank you. >> also, when the chief announced the anonymous tip line he accidentally gave the wrong number. that number should be 41 5-575-4444. the message from the chief of police, not the commission. >> commissioner loft us. ~ >> just -- there's been some [speaker not understood] since i was here last. the st. patrick's parade, the department got a great response from the community. a lot of thank yous, a lot of cheers, a lot of enthusiasm for the department. and, again, commissioner de jesus did attend the additional meeting in the tenderloin. that was really just an exceptional group of folks there. and then the third thing is i might be the last person in san francisco to know this, but the s
apple reported the first decline in earnings in a decade but it beats the reduced expectations and profits of $10.9 per share and issuing a general cautious outlook. goldas down losing $12.40 an ounce and that 10 year yields 1.seven o%. the action in the markets today the wilshire 5,000 posted a gain of $200 billion in market cap. joining us now with the outlook for equities is rbc capital market, george, good to have you with us and said weisberg. this loaded venture at 1:00 today, your thoughts? >> the unintended consequences of training regulations and have been implemented over the last seven couriers and the sec rule changes. this is the world we live in. we're still trying to figure out the flash crash from a couple years ago and here we are again. lou: we don't any have any journalist we don't have answers for what occurred. george, your thoughts on the market for the results? >> overall you have to realize we're still the most liquid and the best market in the world. if you think about the amount of money that changed hands even though it was extremely polished tile and
at a college in nearby waco. >>> 4:48 now. more earnings reports will come out today including apple, at&t and delta airlines. nearly one-third of the companies in the s&p will report the results by the end of the week. the reports have been pretty good so far. on wall street the dow reversed its early slide and gained 19 points yesterday. nasdaq climbed 27. >>> your automated teller machines, atms, might become more versatile soon. some of the nation's largest banks are testing machines to let customers actually have a live video chat with the teller and receive exact changes. the new atms will also allow you to split deposits between accounts and make loan and edit card payments, as well. > your ne purchase could cost you more. a proposed sales tax would demand online retailers with sales of more than a million dollars to tax it shoppers. the move could generate between 12 to $23 billion a year. the national retail federation supports the bill. bay area-based ebay does not. its ceo emailed millions of users to ask them to fight the initiative. the senate began debating the bill yesterd
got this picture from manhattan, kansas. the little apple, where there is snow on the ground. so what is going on? maria molina joins us with the forecast. i was in kansas two days ago. it was 30 something degrees. still winter there. >> yes, it is. temperatures still in the 30s across parts of kansas, including that city in the little apple, manhattan, kansas. they're looking at a current temperature at 32 degrees. you factor in a little breeze and you're talking wind chill temperatures across that area that are only in the teens and 20s. many of you waking up saying it's supposed to be spring out here. but it feels more like january. it feels like 12 in garden city in the state of kansas. looking at the radar, we have the snow coming down across parts of colorado, kansas and into southern areas of the state of nebraska. a number of winter weather advisories are in effect out here. this is the same storm that will actually be bringing in rain to areas currently dealing with river flooding across indiana, illinois, all the way down into parts of mississippi. otherwise temperatures eve
is just -- pretty damn radical and dramatic from net scape to yahoo! to google to facebook to apple. is apple up or is apple down. how are you guys doing? what's next for google? >> what's next is what's next for the last year, which is the shift to mobile. what we see every quarter in our business is we see more and more people moving to mobile phones and mobile tablets an moving away from personal commuters and macs. you see this in the industry. so the tools and techniques for mobility are just getting better. there's a whole new generation of companies and applications which are mobile first or mobile only you'll carry around. these application will make your life better. some will be from google, some will be from competitors. fact of the matter is we're all becoming much more reliant on these devices. >> isn't that remarkable. i'm sure you're 99% mobile, mr. space age whiz kid. but even i, at 50, i look at this thing now -- like it is the edsel. >> it's heavy. >> i never carry that on the plane. i've now got my ipad. we're playing with the surface as well. it is lighter, it ca
reported signing up $2 million more customers for the screaming service. >>> apple is scheduled to announce its quart terly earnings after the -- quarterly earnings after the bell. they are expecting lower profits. that's the first time in a decade they would shrink. right now, the stock is up 1% to $403. >>> twitter has signed its biggest ad deal yet. the agreement is reported to be worth hundreds of millions of dollars over several years. starcom, coca-cola and microsoft. analysts say the deal shows twitter is the bridge to tv audiences. google will bring new information right to your desktop. there is a new service called google now that tries to answer questions before you ask them. there's it could tell you a different way to drive home because traffic is bad on your usual route at the time you are scheduled to leave. >>> also this morning, a new sign, the housing market is getting stronger. the commerce department says sales of new single family homes went up 1.5% in march. seas jumped 18% higher than during march of last year. the national average price almost 7% between february and
people in seconds, is that terrorism too? i think he's mixing apples and oranges and grapes. i'm not quite sure what he's saying here. >> some are saying the fact that they were muslim is not at all relevant. i don't agree. listen obviously tamerlan was influenced by his interpretation of fundamentalist islam right? on the other hand, what are you supposed to do about it. bob beckel said let's not allow student visas. there are 75,000 students that come in, only five ever linked to terrorist attacks. those are some pretty bad numbers if you want to disdiscriminate. what are you supposed to do with that knowledge? >> before we establish what we're to do to prevent future incidents like the boston bombing, we have to firmly establish whether this was a terror-related incident, or livinged to al-qaeda. once we establish that, then we'll be ail to determine what the appropriate response is. right now we're in this gray area where it looks like there may have been something of a loan wolf somewhat inspired by terror-related individuals or publications, so we have to first firmly est
of the areas? >> it is not based on a fiscal year -- you take apples, they come in, it is august, and they stay to pick, prune and packed -- they have to be gone by the end of may. >> in this bill, in your opinion, it addresses the problem? >> it fixes the problem because i think actually, mr. connor can speak to a better, the different types of -- >> mr. connor? >> it fixes the problem fundamentally by creating two different groups of the guestworker program. one would be the seasonal at will, which would be, i suppose, the most similar to the current h-2a program, but the other is a contract program where, again, you would have the ability to bring in year-round workers on a contract, as you noted, to perform those milking functions, feeding functions on the farm, those kind of things, as noted earlier, the cows don't stop producing milk. they produce 24/seven, every day of the year. >> that is the nice thing about cows, they are considerate in that regard. do you see this as a long-term fix, or something you have to tinker with every few years? >> no question, senator, we picture this as a l
to a pair of stories expected to be in the news ahead. starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65 billion. ♪ >> that is the most watched video on youtube. "gangnam style" with more than $1.5 billion views. >> youtube has become the number one source of viral videos, cat videos in particular like this post showing a cat playing with a vacuum cleaner. what is it about cats on youtube? i don't know. this is one of the most watched videos this week. >> you are watching cnn news room live. we will have more on the boston investigation. >> stay with cnn. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recon
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